$20bn

‘$20bn lying idle in bank accounts of Nigerians’ – CBN

About $20bn (N3.94tn) is lying idle in different domiciliary accounts of Nigerians, the Central Bank of Nigeria revealed on Thursday. The disclosure was made by the Deputy Governor, Financial System Surveillance, CBN, Dr. Joseph Nnana, during a meeting of the Joint Appropriation Committees of the National Assembly with government officials on the 2016 budget. Nnana... Read More

The News Blog

$20bn, bank accounts, CBN, CBN NNPC clash over alleged diversion, lying idle, nigerians

November 15, 2015

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Emir of Kano to Diezani: “It’s nothing personal… it’s our nation’s money”

The Emir of Kano, Muhammadu Sanusi II, has reacted to the recent comments made by former Minister of Petroleum, Diezani Alison-Madueke, over the alleged disappearance of $20 billion under ex-President Goodluck Jonathan. Diezani, in a recent interview, insinuated that the Emir of Kano may have made the allegation against her, over the presidency’s frustration of his attempt... Read More

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$20bn, Diezani Alison Madueke, Emir of Kano